i would say we're in a range bond market in the u.s. and it's going to be subject to a lot of headlines we will read. >> what sectors do you think will do well under an obama presidency. what do you want to avoid and what about the dividend payers and banks, as well. >> sure. the sector most insulated from increased regulation is technology. generally technology isn't a heavily regulated industry any way. and they don't really pay a high dividend. >> the question is will we see a end of year zell selloff as toward try to lock in profits when tax rates are lower verse us next year when they go up. but how high will they go up on the dividend payers? >> right now, president obama's propose al would have dividends taxed at ordinary income. that is substantially higher tax rate than the 15% tax rate that toward are enjoying right now. either way, we think that dividend yields will ultimately get dinged. as you mentioned, they have gotten hit. they were down something like 3% and the week ending just before the election. even in anticipation